Xencor (XNCR) Tax Rate (2016 - 2026)
Xencor (XNCR) reported Tax Rate of 0.22% for Q1 2026, up 61.0% year-over-year from 0.14% in Q1 2025, and up 99.61% quarter-over-quarter from 56.35% in Q4 2025.
Xencor (XNCR) Tax Rate (2016 - 2026) Analysis & Trends
Xencor (XNCR) has 8 years of Tax Rate data on file, last reported at 0.22% in Q1 2026.
- Tax Rate for Q1 2026 came in at 0.22%, up 61.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.4% (down 44.0% YoY), and the FY2025 annual result was 2.79%, down 211.0% from the prior year.
- Tax Rate grew to 0.22% in Q1 2026 per XNCR's latest filing, from 56.35% in the prior quarter.
- Over five years, Tax Rate peaked at 3.33% in Q4 2022 and troughed at 108.02% in Q4 2023.
- A 5-year average of 21.02% and a median of 2.13% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 11135 bps in 2023, then surged 10439 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 3.33% in 2022, then plunged by 3342 bps to 108.02% in 2023, then surged by 97 bps to 3.63% in 2024, then sank by 1454 bps to 56.35% in 2025, then soared by 100 bps to 0.22% in 2026.
- Business Quant data shows XNCR's Tax Rate at 0.22% in Q1 2026, 56.35% in Q4 2025, and 0.97% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Xencor | 953.38 Mn | 878.64 Mn | - | -0.22 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.22% |
| Mar 31, 2026 | -0.22% |
| Dec 31, 2025 | -56.35% |
| Dec 31, 2025 | -56.35% |
| Jun 30, 2025 | 0.97% |
| Jun 30, 2025 | 0.97% |
| Mar 31, 2025 | -0.83% |
| Mar 31, 2025 | -0.83% |
| Dec 31, 2024 | -3.63% |
| Dec 31, 2024 | -3.63% |
| Dec 31, 2023 | -108.02% |
| Dec 31, 2023 | -108.02% |
| Dec 31, 2022 | 3.33% |
| Dec 31, 2022 | 3.33% |
| Sep 30, 2022 | -3.44% |
| Sep 30, 2022 | -3.44% |
| Dec 31, 2019 | 1.06% |
| Dec 31, 2019 | 1.06% |
| Sep 30, 2019 | 3.31% |
| Sep 30, 2019 | 3.31% |